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Can anyone help me how profit petroleum is calulated???
There is no specific formula to calculate the Net Profit.
Regards,
Devendra Kulkarni
Mr.Devedra Query is not about net profit of P&L... It is about profit petroleum applicable to petroleum industry.
See Ms. Jeenal profit petroleum is calculated on the basis investment multiple fomula.. For details u can verify PSC agreement signed by JV partners...
Thank you Ms. Minaz. I am not aware of it. I would be thankful to you if you could please give me a detailed information on it.
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